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Day: November 17, 2022

Medigus: An International Aerospace Company has Purchased Dozens of ParaZero’s SafeAir Safety Systems

The purchase order amounts to approximately $241,000 USD Tel Aviv, Israel, Nov. 17, 2022 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that ParaZero Technologies Ltd. (“ParaZero“), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, of which Medigus has a 40 percent ownership stake, has received a purchase order for dozens of ParaZero’s SafeAir safety systems for approximately $241,000 USD. The purchase order was received from a leading global aerospace company focused on UAV development.  “By providing advanced safety systems, ParaZero is pioneering a new way for drones and aerospace to get to...

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Apollo Funds Complete Acquisition of Tenneco

Jim Voss Appointed Chief Executive Officer of Tenneco SKOKIE, Ill. and NEW YORK, Nov. 17, 2022 (GLOBE NEWSWIRE) — Tenneco and Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have completed the previously announced acquisition of Tenneco, a leading designer, manufacturer and marketer of automotive products for OEM and aftermarket customers. Veteran executive Jim Voss has been appointed CEO of Tenneco, effective immediately and as previously announced. “We are excited for Tenneco to enter this exciting next chapter with Apollo and together see compelling opportunities to accelerate Tenneco’s growth trajectory and enhance operations,” said CEO Jim Voss. “I look forward to leading the talented team at Tenneco and serving our customers and partners around the world.” “We’re pleased to...

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CBMJ Posts Quarterly Report – Completes 59.7M Share Reduction

Powder Springs, GA, Nov. 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Conservative Broadcast Media and Journalism posted its quarterly report Wednesday 11/16/2022.   During the quarter, the company completed the sale of the e-commerce business, retired the shares and reported a loss of ($.01) per share.  As part of the sale, the company returned 59.76M shares of common stock, reducing its issued and outstanding share count to 359.4M. The float remained unchanged at 92M. The operating loss for the quarter was $159K.  The company took a non-cash charge of $3.5M.  The company will continue focusing on its web business www.flagandcross.com , its client services, data base management, email list rentals, web development and consulting business.  Commenting on the quarter, Mark Schaftlein, CEO, stated: “We materially downsized...

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SPOD Lithium Corp. to Acquire North Nipigon Lithium Project in Ontario

Figure 1 Map of the SPOD Lithium’s existing and new mineral claims in the Georgia Lake area, with respect to other lithium explorersFigure 2 Spodumene bearing pegmatite boulder from the North Nipigon Project (Ontario Geological Survey AFRI 20000019444)VANCOUVER, British Columbia, Nov. 17, 2022 (GLOBE NEWSWIRE) — SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) is pleased to announce that it has entered into a property purchase agreement dated as of November 16, 2022 (the “Agreement”) with arm’s length vendors (the “Sellers”) respecting the North Nipigon exploration property (the “Property”) as shown in Figure 1. The Property is comprised of a total of 403 mineral claims located north of the town of Nipigon in the Province of Ontario. Each of the Sellers is arm’s length to the Company. The North Nipigon Project, comprised...

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Immersion Cooling Market Size is Anticipated to Hit $1,710 million by 2030 Globally, at a CAGR of 24.2%, says MarketsandMarkets™

Chicago, Nov. 17, 2022 (GLOBE NEWSWIRE) — The global Immersion Cooling Market is projected to grow from USD 302 million in 2022 to USD 1,710 million by 2030, at a CAGR of 24.2% from 2022 to 2030, as per the recent study by MarketsandMarkets™.  The increasing need for more efficient and growing demand for a compact and noise-free solution is expected to fuel the growth of immersion cooling market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107040948 Browse in-depth TOC on “Immersion Cooling Market” 163 – Market Data Tables 46 – Figures 241 – Pages List of Key Players in Immersion Cooling Market:LiquidStack (Netherlands), Green Revolution Cooling Inc (US), Submer (Spain), Iceotope Technologies Ltd (US),  DCX – The Liquid Cooling Company (Poland), ExaScaler...

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Maxar Technologies (US) and Planet Labs PBC (US) are the Key Players in the Remote Sensing Services Market [2022-2027]

The Remote Sensing Services Market size is projected to grow from USD 13.2 billion in 2022 to USD 26.6 billion by 2027, at a CAGR of 14.9%. Chicago, Nov. 17, 2022 (GLOBE NEWSWIRE) — The report “Remote Sensing Services Market by Application, Platform (Satellites, UAVs, Manned Aircraft, Ground), End Use, Resolution (Spatial, Spectral, Radiometric, Temporal), Type, Technology (Active, Passive) and Region – Global Forecast to 2027″, The market is driven by factors such as rise in global focus on using satellite, UAV imagery, applications like precision agriculture, crop health assessment, asset monitoring, etc. Key players in the Remote Sensing Services IndustryMaxar Technologies (US), Planet Labs PBC (US), L3 Harris Technologies (US), Airbus SE (Netherlands), Trimble, Inc. (US) among others Ask for PDF Brochure:...

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Reklaim Announces Q3-2022 Financial Results with Revenue up 217%, Gross Margins up Over 142%

Revenue continues to build; year-to-date revenue up 217% over prior year, and positive gross profit NEW YORK, Nov. 17, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Reklaim, (TSXV: MYID / OTCQB: MYIDF) (“Reklaim”), the destination for consumers to access and reclaim their data, announces the filing of Q3-2022 financial results for the three and six months ending Sept. 30, 2022 (“Q3-2022”). Q3-2022 Financial HighlightsAnnual revenue increased by 217% to $1,642,380 from $558,342 in 2021 (“Q3-2021”), an increase of 195% over the first nine months of 2021 Increased the number of customers buying data from Reklaim by 87% in Q3-2022 versus Q3-2021 The company recorded a gross margin of $101,033 or 17%, a 142% increase from the same period last year Recurring revenue of 90% for 2022 YTD Increased...

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Tornado Global Hydrovacs Reports Q3 2022 Results Including Record Revenue

Revenue Increased by 83% Compared to Q3 2021 CALGARY, Alberta, Nov. 17, 2022 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) today reported its unaudited financial and operating results for the three and nine months period ended September 30, 2022, with comparisons to the same period last year. The unaudited condensed consolidated financial statements and related management discussion and analysis are available on the Company’s issuer profile in Canada on SEDAR at www.sedar.com, the United States at www.otcmarkets.com and on the Company’s website www.tornadotrucks.com. All amounts reported in this news release are in thousands ($000’s CAD) except per share amounts. Third Quarter 2022 Overview and Recent DevelopmentsEBITDAS1 of $1,364 in Q3/2022 increased by 127% compared...

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Mullen Announces Funding to Close on ELMS Assets

Mishawaka Indiana Factory for the Mullen FIVE and Bollinger B1 and B2 EVs Mishawaka Indiana Factory for the Mullen FIVE and Bollinger B1 and B2 EVsExisting Shareholders Invest $150 Million to Accelerate Production and Delivery of EVs BREA, CA, Nov. 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today receipt of $150 million on Nov. 16, 2022, which will be used in part to close on ELMS assets. Mullen is now in position to fund and close on ELMS assets and complete engineering, preparation and launch of EVs. “We are excited to announce today that we have the funding in place to close on the ELMS asset acquisition,” said David Michery, CEO and chairman of Mullen Automotive. “We expect to close quickly...

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Jowell Global (NASDAQ: JWEL)’s 2022 Singles’ Day Shopping Festival a Success With 32.5% GMV Growth

SHANGHAI, Nov. 17, 2022 (GLOBE NEWSWIRE) — Jowell Global Ltd. (“Jowell Global” or the “Company”) (NASDAQ: JWEL), one of the leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China, today announced strong results from its 12-day 2022 Singles’ Day Shopping Festival. Over $24.5 million was generated in gross merchandise volume (GMV) during the festival, which represents an extraordinary 32.5% growth from last year. Mr. Zhiwei Xu, Chief Executive Officer and Chairman of Jowell Global Ltd, commented: “Despite the continued macro headwinds and the adverse pandemic impact, we delivered another strong sales for this year’s Singles’ Day shopping festival, thanks to all of our employees, vendors, and the selling merchants and partners within our platform. We are grateful for their consistent...

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